£346,401
This estimated value is based upon the latest sale price for the house of £300,000 on 5 Nov 2020. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £300,000 | 5 Nov 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 895 sq feet |
This model uses changes in the Official Land Registry House Price Index for DEVON to estimate the market value.
When this house was purchased in November 2020 the House Price Index for DEVON was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £300,000 results in an estimated price of approximately £346,401.
| 5 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £300,000 | £46,401 | £346,401 |
The Postcode Pricing Model uses changes in average sales price within the TQ14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -13.235 % | £-39,706 | £260,293 |
| 3 Month Average | -18.625 % | £-55,873 | £244,126 |
| 6 Month Average | -8.313 % | £-24,938 | £275,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £382,231 | £375,000 | FLAT 2 SEACLIFF FIRST DRIVE |
| 11 Dec 2023 | £458,678 | £450,000 | THE OLD GATEHOUSE SECOND DRIVE |
| 6 May 2022 | £395,885 | £390,000 | 9 BURWOOD PLACE FIRST DRIVE |
| 9 Mar 2022 | £387,029 | £375,000 | FLAT 6 SEACLIFF FIRST DRIVE |
| 22 Feb 2022 | £459,562 | £440,000 | FLAT 1 EASTCLIFFE HOUSE FIRST DRIVE |
This house has a floor area of 83 sq meters or 895 sq feet when measured on 12 Mar 2009. Using an estimated price of £346,402 means this house is valued at £4,161 per sq meter (£386 per sq foot).
The average size of a house on FIRST DRIVE is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near First Drive |
| Apr 2024 | Public order | Under investigation | On or near Second Drive |
| Mar 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Second Drive |
| Jan 2024 | Anti-social behaviour | On or near Second Drive | |
| Jan 2024 | Anti-social behaviour | On or near Second Drive |